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China Unicom mobile users grow 0.6pc in June

2014-07-21 00:00:00

BEIJING, July 20 (Xinhua): China Unicom, one of China's three state-owned telecom companies, added 1.71 million new mobile subscribers in June, bringing the total number to 295 million. It had 67.4 million fixed-line broadband subscribers by the end of June,...

European markets close lower on Russia tensions

2014-07-21 00:00:00

LONDON: Europe's main stock markets fell for a third day Monday, weighed down by concerns the US and Europe could toughen their sanctions against Russia, and by escalating violence in Gaza. Markets have been spooked by escalating tensions between the...

Japan to \\\'cap new debt issuance\\\' at $407.62b next FY

2014-07-21 00:00:00

TOKYO, July 20 (Reuters): Japan's government will cap new bond issuance for next fiscal year's budget at 41.3 trillion yen ($407.62 billion), which is the same amount of new debt sold for the current fiscal year's budget, the Nikkei reported...

Invest in Bhutan hydropower plant: Pema

2014-07-21 00:00:00

Bhutanese High Commissioner Pema Choden on Monday urged Bangladeshi businessmen to invest in hydropower and agriculture sector in Bhutan. "Bangladeshi investors will be benefited through selling power to other countries along with India under Free Trade Agreement (FTA)," she said,...

Photo: RAJIN, North Korea: A cargo ship is loaded with coal during the opening ceremony

2014-07-21 00:00:00

Be more active to execute development projects: PM

2014-07-21 00:00:00

Prime Minister Sheikh Hasina Sunday directed all concerned of the Agriculture Ministry to be more active to implement every development project on time by maintaining the quality, reports BSS. She said that the budget of Agriculture Ministry in the Annual...

Factory producing adulterated powdered drink sealed off in city; 3 fined

2014-07-21 00:00:00

A Rapid Action Battalion (Rab) mobile court on Sunday sealed off a factory producing adulterated powdered soft drink in the city's Uttarkhan area and fined three people, reports UNB. Sources at the Rab Headquarters said the mobile court of Rab-1,...

BRICS shakes up global economic architecture

2014-07-21 00:00:00

WASHINGTON, July 20 (AFP): By creating their own multilateral financial institutions, the BRICS emerging-market powers are shaking up global economic governance but remain far from dismantling the post-war system dominated by the West. For the past 70 years, the International...

Italy PM kicks off Africa tour in Mozambique

2014-07-21 00:00:00

MAPUTO, July 20 (AFP) : Italian Prime Minister Matteo Renzi became the first Italian head of government to visit Mozambique on Saturday at the start of an African tour aimed at bolstering trade ties with the continent. During a champagne...

Turkish economic duo key for markets as Erdogan eyes presidency

2014-07-21 00:00:00

ANKARA, July 20 (AFP) : Markets are keeping a wary eye on the future of Turkey's two key economic policymakers if Prime Minister Recep Tayyip Erdogan is elected president in August polls. Erdogan is credited with overseeing a transformation of...

Five-point demand to the government submitted

Mohammad Ali | 2014-07-21 00:00:00

The Institute of Chartered Accountants of Bangladesh (ICAB) has finally agreed to accept the proposed Financial Reporting Act (FRA), under which Financial Reporting Council (FRC) will be formed to oversee functions of the auditors, according to its chief. The institute,...

26.4 per cent of DSE brokerage firms ready to launch new IPO process

Mohammad Mufazzal | 2014-07-21 00:00:00

Only 26.4 per cent of brokerage firms of Dhaka Stock Exchange (DSE) have completed preparations for the pilot project of launching the new IPO (initial public offering) process, officials said. The premier bourse Sunday submitted the list of the brokerage...

News Briefs

2014-07-21 00:00:00

28th AGM & 9th EGM of Delta Life held The 28th Annual General Meeting & 9th Extra-Ordinary General Meeting of Delta Life Insurance Co. Ltd. was held on Sunday at Delta Life Tower, Gulshan in the city with Mr. Monzurur...

Photo: United Commercial Bank Limited (UCB)

2014-07-21 00:00:00

Photo: Social Islami Bank Limited (SIBL)

2014-07-21 00:00:00

DSEX sheds 17.95 points

FE Report | 2014-07-21 00:00:00

Stocks slipped in the red Sunday after previous session's flat movement as cash-hungry investors went for selling spree. Only four trading sessions are left ahead of Eid vacation. The market started with a steep decline, but it slowed down somehow...

Biman will go for TV commercials to woo more local, int\\\'l passengers

FE Report | 2014-07-21 00:00:00

Biman Bangladesh Airlines is going to air international television commercials after more than three decades in a bid to attract more passengers and for shining it as a unique brand. The national flag carrier has initially decided to produce two...

Telecom licensees told to take prior permission

FE Report | 2014-07-21 00:00:00

Bangladesh Telecommunication Regulatory Commission (BTRC) has ordered all telecom licensees enlisted with the Registrar of Joint Stock Companies and Firms (RJSCF) to take prior permission when they change their capital structure. The telecom regulator gave the directive recently to all...

SCM Alumni Society EC elected

2014-07-21 00:00:00

SCM (Supply Chain Management) Alumni Society (SAS) held its 1st Annual General Meeting (AGM) in BRAC Center Inn, Dhaka Sunday, said a statement. An 18-member new Executive Committee for the year 2014-2016 was also elected. The elected members are Md....

Photo: Premier Bank Ltd

2014-07-21 00:00:00

Photo: Delta Life Insurance Company Ltd

2014-07-21 00:00:00

US urged to control Israel instead of interfering in Bangladesh politics

2014-07-21 00:00:00

Information Minister Hasanul Haq Inu said Sunday the United States (US) should take proper steps to stop Israeli attacks on Gaza instead of interfering in Bangladesh politics, reports UNB. The minister made the remarks while addressing a rally arranged by...

Ershad postpones India tour

2014-07-21 00:00:00

HM Ershad's visit to India has been postponed because of 'unavoidable circumstances'. There are chances that he will go after Eid, the Jatiya Party (JP) chief's political and press secretary Sunil Subho Roy told bdnews24.com on Sunday. The trip, however,...

BIWTC to enhance ferry services for home-goers

FE Report | 2014-07-21 00:00:00

Bangladesh Inland Water Transport Corporation (BIWTC) will increase its ferry services by 20 per cent for ensuring smooth travel for the homebound passengers during the upcoming Eid-ul-Fitr, officials said.     "We will increase the number of ferries to 43 from 36...

Govt to hand over responsibility of rural roads to RHD

FE Report | 2014-07-21 00:00:00

Planning Minister AHM Mustafa Kamal said Sunday the government has planned to hand over some responsibility of constructing rural roads to the Roads and Highways Department (RHD) to ensure the quality of such infrastructures. "Since the construction works on rural...

BNP\\\'s movement threat pointless: Tofail

2014-07-21 00:00:00

BHOLA, July 20 (UNB): Commerce Minister Tofail Ahmed said Sunday no movement of BNP chairperson Khaleda Zia would see any success as her this weapon has turned blunt. "There should be a weapon (issue) for a movement. But, she (Khaleda)...

HC bail of Minar stayed

2014-07-21 00:00:00

The Appellate Division of the Supreme Court (SC) Sunday stayed the bail of BNP leader Mahtab Uddin Chowdhury Minar, the prime accused in the murder case of Fulgazi Upazila parishad chairman Ekramul Haque and asked him to surrender before the...

Photo: BNP chairperson Khaleda Zia being welcomed by the leaders and activists

2014-07-21 00:00:00

Peacekeepers fetch $150m a year on an average

Munima Sultana | 2014-07-21 00:00:00

Bangladesh has maintained an average foreign-currency income of $150 million annually from the United Nations peacekeeping operations over the last one decade, though experts saw a scope of raising the income substantially. They said the earnings from the PKO (peacekeeping...

Experts for capacity building to face climate challenges in aquaculture

2014-07-21 00:00:00

Fisheries experts at a workshop in the city stressed Sunday the need for building institutional capacity to address the growing challenges of the country's aquaculture sector induced by climate change, reports UNB. They said the increased incidences of extreme climate...